Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay in 2024 and shield more ...
As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on ...
A Washington state couple’s fight to get a $14,729 tax refund – and the meaning of "income" under the 16 Amendment – made it all the way to the U.S. Supreme Court this week in a case that might upend ...
A new overtime tax break promises savings, but restrictions and loopholes mean many workers may see smaller benefits than expected.
The IRS will raise 2026 tax brackets to account for inflation, boosting take-home pay for millions. Here's what it means for ...
The constantly changing numerical definition of "rich" carries direct implications for taxes and planning — and this year's presidential election offers a choice between competing criteria. Neither of ...
Reeves labeled the bill as a landmark point in the state's history, calling it a “profound generational change.” Mississippi’s Republican Gov. Tate Reeves signed the “Build Up Mississippi Act” into ...